http://www.lehighvalleyconservative.com/something-on-the-economy/ Thu, 09 Feb 2012 00:37:27 +0000 http://wordpress.org/?v=2.2.2 http://www.lehighvalleyconservative.com/something-on-the-economy/#comment-9 The Outsider Fri, 31 Aug 2007 17:48:58 +0000 http://www.lehighvalleyconservative.com/something-on-the-economy/#comment-9 In the case of China, much prospecting is going on in the market because the manufacturing plants are growing very fast. The American companies are going to China to get the cheap labor, fast production and no worries about the EPA. We all know that they are selling cheap and getting more than their share of the market as a result. No country can compete with them right now. China is probably not earning the money they would like, but market share is important right now. Once they have that, they can raise their product prices. They could be waiting until the markets in other countries dry up so they can control the market as once did Japan. Another problem is that China is not as free a market as we are and the government could be skimming money off the top for military expenses. I believe the Chinese government has their hands in the operation of most of the production plants. The workers make little and the government wants control. In the long run, (maybe not so far away), the United States will have to pay the penalty for all the low cost merchandise we are now buying. We already owe the Chinese billions and it will only go up as we continue to lose workers. We better hope that most of us will be able to buy all the goods that are available to us as more of us lose jobs. Our government has a habit of "making" more worthless money as we continue to allow the dept to climb. The market is a 2 way street......if we buy, we must produce! If the government "makes" more money, there has to be something to back it up. I guess that is the bottom line. There is nothing to support our paper money! My dad used to say: "Our country is only worth the honesty and labor of it's people and our natural resources". In the case of China, much prospecting is going on in the market because the manufacturing plants are growing very fast. The American companies are going to China to get the cheap labor, fast production and no worries about the EPA. We all know that they are selling cheap and getting more than their share of the market as a result. No country can compete with them right now. China is probably not earning the money they would like, but market share is important right now. Once they have that, they can raise their product prices. They could be waiting until the markets in other countries dry up so they can control the market as once did Japan.
Another problem is that China is not as free a market as we are and the government could be skimming money off the top for military expenses. I believe the Chinese government has their hands in the operation of most of the production plants. The workers make little and the government wants control.
In the long run, (maybe not so far away), the United States will have to pay the penalty for all the low cost merchandise we are now buying. We already owe the Chinese billions and it will only go up as we continue to lose workers. We better hope that most of us will be able to buy all the goods that are available to us as more of us lose jobs.
Our government has a habit of “making” more worthless money as we continue to allow the dept to climb. The market is a 2 way street……if we buy, we must produce! If the government “makes” more money, there has to be something to back it up. I guess that is the bottom line. There is nothing to support our paper money! My dad used to say: “Our country is only worth the honesty and labor of it’s people and our natural resources”.

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